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Akshay Patel

26th Feb 2025 · SEBI-Registered Analyst

TATASTEEL
pitches for safeguard duties on imports

TATASTEEL
's TV Narendran urged the government to impose safeguard duties on steel imports to protect the domestic industry from indirect impacts of US tariff hikes. He cited similar actions by Vietnam and South Korea, noting India’s steel imports could rise as steel meant for the US seeks alternative markets. The Indian Steel Association has sought safeguard duties.

#Budget2025#IndexStrategies#Today’sTradingSetup#FundamentalViews#Post-ClosingCommentary
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